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Reposted by John Kramer

VoxEU @ CEPR @voxeu.org · 12/06/2026

Using German data, Tobias Broer, @jvkramer.bsky.social & Kurt Mitman show that oil supply shocks disproportionately impact low earners. Additionally, the results caution against a return to the wait-and-see approach by central banks that proved costly in 2021-22. cepr.org/voxeu/column... #EconSky

The Figure shows the effect of a 10-percent increase in the price of oil on the labour-market outcomes of German workers: the average earnings of the employed (panel a); the earnings response across deciles of the earnings distribution at a 24-month horizon (panel b); the probability of remaining employed, across deciles (panel c); and the job-finding probability, across deciles (panel d). The shaded areas represent 68% confidence intervals. The sample period is 1975-2018.

The war in Iran has sent oil prices sharply higher, reviving the question of who bears the cost of energy shocks and how central banks should respond. Using nearly half a century of German data, this column shows that oil supply shocks disproportionately impact low earners, reducing their labour income and their chances of finding and keeping a job. The central bank’s moderate response to past oil shocks added little to this real damage, even as it held down inflation. With energy-driven inflation back on the agenda, the results caution against a return to the wait-and-see approach that proved costly in 2021-22.

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Reposted by John Kramer

IIES, Stockholm University @iies.su.se · 09/03/2026

When oil prices spike, inequality rises. Recent research by @sorrytobekurt.bsky.social & co-authors shows oil shocks hurt low-income workers the most, lowering earnings growth & job prospects while high-income workers are largely unaffected. Read more: bit.ly/4rRXNHw

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John Kramer @jvkramer.bsky.social · 01/03/2026

So, it turns out this paper @sorrytobekurt.bsky.social, Tobias Broer and I wrote, which was recently published in the IMF ER is somewhat topical this weekend: Oil shocks hurt workers at the bottom of the income distribution most; through lower employment, but also lower earnings for the employed.

link.springer.com

The Distributional Effects of Oil Shocks

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Reposted by John Kramer

Michael Eisen @mbeisen.bsky.social · 15/10/2025

Finally, someone has solved a real problem with AI! No more having to take a paper in the format for a journal that rejected you, and reformat it for a new journal. Well done!! formatmypaper.com

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John Kramer @jvkramer.bsky.social · 03/08/2025

This is a great resource! I've been using it for a bit now, and I am very much looking forward to the new chapters

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John Kramer @jvkramer.bsky.social · 18/07/2025

Really looking forward to this!

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Reposted by John Kramer

Kurt MIT-shock-man @sorrytobekurt.bsky.social · 22/05/2025

Any Econ PhD students at Harvard (or elsewhere in the U.S.) worried about visa status, the @iies.su.se has openings for PhD students who have completed their coursework and are at the dissertation stage, starting in the fall. Apply here: www.su.se/institute-fo...

su.se

Work with us - Institute for International Economic Studies

Are you interested in applying for a job at Stockholm University?

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Reposted by John Kramer

Eduard Brüll @eduardbruell.bsky.social · 29/04/2025

Paste your abstract. Get semantically similar economic papers—instantly. No keyword tweaking, no guessing jargon. This is my new RePEc semantic search engine in action. Try it now → econpapers.eduard-bruell.de #EconSky #RePEc

Screenshot of the "Semantic Paper Search" app. An abstract about competition in German primary care is entered on the left. On the right, the app returns highly similar papers from RePEc, including titles, authors, journals, years, abstracts, and similarity scores. Download links and a bibtex-export function are also available.

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John Kramer @jvkramer.bsky.social · 02/04/2025

Let me tell you about my job market paper!

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John Kramer @jvkramer.bsky.social · 15/03/2025

We're very excited to have you!

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Reposted by John Kramer

Jeppe Druedahl @jeppedruedahl.bsky.social · 10/02/2025

I have a new working paper on solving complex life-cycle models with deep learning. Paper: drive.google.com/file/d/1txCS... Python toolbox: github.com/NumEconCopen...

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John Kramer @jvkramer.bsky.social · 08/02/2025

Could've just asked for access to the Danish, Swedish or Norwegian registry data. Access possible without dismantling democratic institutions

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Reposted by John Kramer

Moritz Kuhn @mokuhn.bsky.social · 06/02/2025

To all econ students on the market and advisors: I am thinking about filling an additional postdoc position at the University of Mannheim working on portfolio choice, wealth inequality, and labor markets. Interested? If yes, please let me know! sites.google.com/site/kuhneco...

sites.google.com

Moritz Kuhn

Moritz Kuhn Professor Department of Economics University of Mannheim L 7, 3-5, 68161 Mannheim, Germany mokuhn@uni-mannheim.de +49 621 181 1929 Office hours: please send an email (judith.price@uni-ma...

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John Kramer @jvkramer.bsky.social · 20/01/2025

This was such a fun conference. I learned a lot! Thanks to all the organizers for a fantastic experience!

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Reposted by John Kramer

Kurt MIT-shock-man @sorrytobekurt.bsky.social · 02/01/2025

🚨Call for Papers🚨 The next SED meeting will be held June 26-28, 2025, in Copenhagen! Submit your paper here: editorialexpress.com/cgi-bin/conf... before Feb 15 Julieta Caunedo and I are the Program Chairs

editorialexpress.com

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Reposted by John Kramer

Christian Odendahl @codendahl.bsky.social · 31/12/2024

In other news from #France, the household savings rate there (as elsewhere) is settling on a higher level. But plus 4%-points is a *huge* increase if it turns out to be permanent.

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John Kramer @jvkramer.bsky.social · 31/12/2024

🙋, except it's the Danish tax payer who pays me

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Mariacristina De Nardi @mdenardi.bsky.social · 19/11/2024

How worried are you about the U.S. economic outlook in light of the current policy proposals and appointments? 1️⃣ Not worried 2️⃣ Somewhat worried 3️⃣ Worried 4️⃣ Very worried 📊 Show results

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Reposted by John Kramer

James Cameron @jjjcameron.bsky.social · 19/11/2024

The covers of the Danish, Norwegian, and Swedish preparedness leaflets. Somebody went for a slightly different vibe!

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John Kramer @jvkramer.bsky.social · 16/11/2024

There didn't seem to be one, so I made a starter pack of people whose work I find interesting, and whose work other people who work in macro may find jnteresting. Highly incomplete, but maybe helpful to other newcomers. go.bsky.app/PRGAstf

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John Kramer @jvkramer.bsky.social · 16/11/2024

Is there a starter pack for macroeconomics? If so, I'd be very happy to be pointed towards it

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John Kramer @jvkramer.bsky.social · 15/11/2024

The University of Copenhagen is hiring in Macro! Come work with us in beautiful Copenhagen, in our growing macro group. If you have any questions at all, I will be very happy to answer them. econjobmarket.org/positions?sh...

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Reposted by John Kramer

IIES, Stockholm University @iies.su.se · 24/11/2023

Many countries want to decarbonize their economies. Eg, the US aims to be net zero by 2050. Given this target: What is the optimal transition path? What are the main drivers and economic implications? Our Job Market Candidate Stefan Hinkelmann tackles these questions in his Job Market Paper.

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John Kramer @jvkramer.bsky.social · 27/10/2023

The University of Copenhagen is hiring in Macro! Associate and assistant professor level, everyone is welcome 😉. Come work with us in beautiful Copenhagen! If you have any questions at all, I will be very happy to answer them. econjobmarket.org/positions?sh...

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